Listing Details for MLS # TB8383799
5001 Queen Palm Terrace Ne, St Petersburg, Fl 33703

Residential Property - Single Family Residence in St Petersburg

Listing Price: $1,195,000Days on Market: 118

Description of Property

Welcome to your dream home in the gated community of Placido Bayou, one of the most secluded and sought-after neighborhoods on Florida’s Gulf Coast. Bring your golf carts and become a part of this wonderful community. Your new home is a beautiful luxurious 4-bedroom, 3-bath residence features a bonus room that can be used as a den, office ,or even a extra sleeping area. This spacious double split-bedroom layout with an open floor plan that flows effortlessly throughout. Hardwood floors, expansive windows, and multiple sliding glass doors bring in natural light and invite you to step outside to the large extended pool deck, finished with pavers and perfect for entertaining or enjoying the peaceful surroundings. The home also includes a barrel tile roof, fencing on two sides, and is protected by a 10-year subterranean termite warranty that transfer with the home. The Placido Bayou Neighborhood did not flood during last years storms. The home has never flooded from the time Larson homes developed it 35 years ago. Set within a private nature preserve, Placido Bayou offers tree-lined streets, multiple lakes ideal for fishing, and an abundance of native wildlife including rare birds and giant turtles. A one-mile circular walking path at the heart of the community makes it ideal for walking, biking, or cruising in an electric cart. Known for being family- and pet-friendly, it’s a safe haven where residents of all ages can bike freely and play outdoors. The property is just a short walk to an elite private K–12 school, offering unmatched convenience for families. Residents benefit from a very low HOA fee of only $125/month, which includes 24-hour manned guard gate security and reclaimed water for irrigation. The location is unbeatable—the home is just 5 minutes to 3 grocery stores, various shopping opportunities, and many restaurants. There is a tennis center located immediately outside the gates, gyms close by and a new state-of-the-art family YMCA, and a championship 18-hole public golf course and a Par 3 course for juniors, with teaching programs available, just a short drive from the home. Downtown St. Petersburg’s vibrant nightlife, art galleries, theaters, museums, and special events are only 15 minutes away, along with two major hospitals and Johns Hopkins Hospital. With easy access to three bridges leading to Tampa, Sarasota, and Tampa International Airport, this home offers luxury, security, and lifestyle all in one.The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,099,579. This single family residence is listed at about 109% of the average asking price. There are 14 4 bedroom/3 bath homes between $1,000,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »